Are you looking for stocks that are showing signs of bottoming out? Here is a look at some of the most beaten down securities in today’s market that may be ready for a rebound.
Investors can use this list to find potential candidates to buy before they begin to reverse their downtrend.
The bottoming out candidates included in this list meet a number of criteria. First, each of the securities is trading within 5% of its 1-year low, deeming them to be “bottom pick” candidates that could start to reverse higher. Second, we apply a liquidity screen to eliminate the more thinly-traded securities out there. More specifically, the list excludes equities with a market cap below $10 billion and those with a five-day average trading volume below the 1 million shares mark; also excluded from this list are stocks trading below $10 a share.
As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques.
|Ticker||Exchange||Name||Price||% From 1-Year Low||1-Year Return (%)|
|NYSE||Baker Hughes A Ge Co. Cl. A||$33.79||4.19%||-34.37%|
|NYSE||Hormel Foods Corp||$31.51||3.31%||-17.18%|
|NYSE||Teva Pharmaceutical Industries Ltd||$14.74||3.08%||-64.80%|
|NASDAQ||Dish Network Corp||$48.85||2.89%||-13.51%|
|NASDAQ||Mondelez Intl Cmn A||$41.13||2.72%||-1.05%|
|NYSE||Newell Rubbermaid Inc||$41.94||2.59%||-18.43%|
|NYSE||Campbell Soup Company||$46.14||2.54%||-13.10%|
|NYSE||Molson Coors Brewing Company||$82.70||2.20%||-25.04%|
|NYSE||J.M. Smucker Company||$104.65||1.87%||-20.37%|
|NYSE||Energy Transfer Partners||$18.15||1.68%||-31.18%|
|NYSE||General Electric Company||$23.19||1.58%||-19.03%|
|NASDAQ||Kraft Heinz Co||$77.54||1.02%||-12.59%|
|NYSE||Altice USA Inc. Class A||$24.49||0.78%||-24.79%|
|NASDAQ||Walgreens Boots Alliance||$67.40||0.72%||-13.72%|
If you want to receive this list directly in your inbox, sign up for the free TraderHQ newsletter and we’ll keep you updated with our latest content.